Gold reached a new lifetime high at Rs 86,549 per 10 gram on the MCX, reflecting global trends. Silver also saw gains. Both metals surged due to central bank buying, uncertain U.S. trade policies, and a steady dollar index. The Russia-Ukraine ceasefire talks may limit further gains. Markets are anticipated to remain volatile this week.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader